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, i'm larry kudlow, this is the "kudlow report." mitt romney and president obama both hit the trail today as they battle through the key swing state of ohio. but incredibly, romney dialed back his position on tax cuts today. take a listen. >> by the way, don't be expecting a huge cut in taxes because i'm also going to lower deductions and exemptions. >> no meant no. wrong idea. people need a tax break. middle class people need a tax break. i said on this show and wrote in a column, your message should be lower
to protect you, and you is the player. president obama tweeted nfl fans on both sides of the aisle hope the refs lock out ends soon. >> give me a break. it is time to get the real refs. and do you know what it remamin me of president obama and the economy. if you can't get it right it is time to get out. >> the nfl does not want to support a pension and it wants to increase competition among the referees to perform better. these are classic labor issues in 2012. >> let's get to tonight's very special guest here now is hall-of-fame quarterback fran tarkenton. he took his team to the 73, 74 and 76 super bowls but you also played for the new york giants. i'm a fan. wonderful to see you fran, we know what the problem is, in your judgement, what is the solution? >> it is a terrible problem. they made a terrible mistake but they blew two pass interference calls against green bay that never should have happened. they should have changed the play. we play 16 games in a year. you play 162 baseball games. a loss is a devastating thing. the nfl messed up in betting and getting the right referees.
. but pointless, really. going to lose to the reds one way or another. >>> both president obama and mitt romney will be in ohio today. the story behind that swing state. >>> welcome back. take a look and you'll see that the dow futures are slightly higher. s&p futures up by close to two and a half. this comes after the market ended on its weakest levels of the day yesterday. yesterday was the worst day for the month of september for the dow. it was the worst day in two months for the nasdaq and it was the worst day in three months for the s&p 500. all of that kind of playing out overseas as well. in europe this morning, you are going to see some red arrows. a lot of concern about what's happening as protests pick up in spain, and you see more concerns coming in greece right now about austerity measures. the german dax is down by about 1.5%. the nikkei in japan was down by 2%. >>> in "sporting news," the atlanta braves are on their way to the postseason in. the boft the ninth against the marlins last night, freddy freeman connected and takes it to straight center for a walk-off homer. exciting.
banks. they wanted to -- a lot of what was going on oh i thought, you know expresident obama and mr. mccain had both been out there advocating for very aggressive foreclosure prevention relief. so i thought we would at least get a change with that citi came up with a very tepid program, one we told them administratively was not workable. i think what was going on was they -- to get the second tranche of the t.a.r.p. funds, t.a.r.p. was $700 billion it came in two installments to get that second installment, the democratic leadership told them they had a foreclosure prevention program. i think that was their main priority tour get that second tranche, which they wanted to use for what i call the $100 billion club n 2009, we basically said we were going to bail out anybody over $100 billion. >> do you think you were listened to in this process? because, you know, you quote mr. rice the otc, office of thrift supervision chief, john rice, saying that basically, the audacity of your putting forward some of the proposals that you had, you do think that and frequently you were the only woman i
to be optimistic but i will tell you, 1.3, what is that? not recovery. thank you. you are both terrific. >>> four years in to president obama's term we should be in recovery that is full speed ahead. instead we have in a stall speed growth recession. we will pursue the issue regarding the sthookt had a lousy week but a good quarter. we will get advice on that. >>> later on in the show, schools can't teach kids to speak english properly. why is one governor asking schools to teach chinese mandarin? very interesting. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345
over who is tougher on beijing. mitt romney says he'll label china currency manipulator while obama accuses him of profiting from overseas. can we -- that's not really helpful, i suppose. >> i think relations are actually deteriorating big time. >> should the u.s. revise its total commitment for japan and insist that both sides go for sort of independent arbiter on this? there's no win here for the u.s. >> but the bottom line is we'll see much more tension between the u.s. or its seeming proxies from a chinese point of view. over who owns the cash flows. but the second thing is this business about the outsourcing and the election, talking about china stealing all the jobs, how remarkable that pricewaterhouse just issued a report saying it's cheaper to make steel in the u.s. now than in china. manufacturing is moving back it to the united states unbelievably rapidly. so they can argue about currency and outsourcing, but the u.s. is the beneficiary right now. >> they're selling the wrong story. meanwhile protesters gathering in madrid, calling for the spanish government to resign. are
set. he's a failure, the family income has gone down $4,000 in 3 1/2 years under obama compared to $2,000 under george w. in eight years. >> because of that family income, that's not a made up number, that's a government number. i think both of these guys should be looking for permanent middle class tax cuts. permanent middle class tax cuts so that take-home pay will go up. i'll give you the last word. >> i found myself strangely agreeing with your plan to cut the middle class and take away the deductions and keep tax rates for people who make a lot of money like you and i fairly high. i think that makes abundant good sense. but we're forgetting one thing. the biggest challenge may be even more than anything is our debt and our deficit. and i think with governor romney and paul ryan figured out was they can't give $5 trillion worth of tax cuts and still eat into the deficit, which i think is our biggest national problem. >> i think -- >> you're right. he might be able to do it. he might be able to do it if they did your plan. >> i'm telling you. you know, you were a good tax break gov
. so a bit of a separation between what's happening in auctions at the moment for both italy and spain. >> imf set to lower growth targets. caterpillar warning slow global recovery. and tensions in the mideast due to take somewhere stage as president obama gears up to address the u.n. general assembly. >>> speakinging ahead of the general assembly session, he repeated a warning that israel would be eliminated. >> fundamentally we do not take seriously the threats of the attack on iran. iran is a great country and we do with v. all defensive means at our disposal. >> the white house was quick to dismiss his comments as outrageous. president obama is speaking at 10:00 a.m. he's also expectth expeed to ad tensions in iran before hopping back on the campaign trail. romney will also be speaking in new york. >> he's getting some criticism for his schedule in meetings. in any case, stick around because still to come, bowing out of investment banking. the future is looking bleak for rbs. >>> meredith whitney says banks have been behind the curve in terms of downsizing and employees are paying
putting one face there, ben bernanke will stay on if barack obama is reelected. on the right-hand side we see potential romney cabinet selections, glenn hubbard, he's been an economic adviser to both romney's presidential campaigns, last time and again this time, and john taylor at stanford university is also somebody who is mentioned frequently. look at state department as well that's obviously one that is a moving part right now because this interesting tension in washington on the obama side if he's reelected between john kerry who might have done himself some good with his speech at the democratic national convention, and susan rice is somebody who is often mentioned. now, this recent flap over libya and what the united states said or did not say about the situation there might have damaged her prospects a little bit. we'll have to watch that one, on the romney side robert zoellick, former world bank president and richard haass, president of the council of foreign relations mention there had and treasury secretary we talked about some of the names for the obama cabinet starting with t
good at? >> getting both sides together. >> he got his rear end handed to him in the election. what did he do? he responded. what did president obama do? he went further to the left. so are you listening to me, american people, or are you ideologically driven, so that you in effect hear nothing. that's the $64 question or maybe $64 billion question. >> brilliant. >> we're going to talk more about this with sam zell, our guest for the rest of the program. when we come back donald trump will be joining us on the "squawk" u.s. in line, we have politics and business colliding in just minutes. stick around. "squawk" will be right back. sym and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categorie
Search Results 0 to 9 of about 10